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Macroeconomic Uncertainty and Sectoral Output Performance: Empirical Evidence from Greece

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  • Katrakilidis, Constantinos P.
  • Tabakis, Nikolaos M.

Abstract

This paper provides an empirical investigation of the links between macroeconomic uncertainty and sectoral output using Greek data. Uncertainty is considered in three distinct components, namely the inflation uncertainty, the exchange rate uncertainty and the output uncertainty. The results highlight the differences in sectoral responsiveness and the importance of a stable macroeconomic environment.

Suggested Citation

  • Katrakilidis, Constantinos P. & Tabakis, Nikolaos M., 2004. "Macroeconomic Uncertainty and Sectoral Output Performance: Empirical Evidence from Greece," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 5(1), pages 1-10, January.
    • Handle: RePEc:ags:aergaa:26446
    DOI: 10.22004/ag.econ.26446
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    References listed on IDEAS

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